California Resources Corp (CRC)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 63.32% | 86.61% | 83.84% | 84.72% | 87.43% | 87.23% | 89.95% | 90.75% | 88.55% | 88.30% | 84.40% | 80.70% | 83.27% | 82.23% | 81.68% | 80.67% | -40.71% | -109.31% | -82.80% | -55.82% |
| Operating profit margin | 19.39% | 27.40% | 14.02% | 18.42% | 28.85% | 23.83% | 36.91% | 38.96% | 30.00% | 38.06% | 25.59% | 10.42% | 15.40% | -10.45% | -22.96% | -25.58% | -133.55% | -89.67% | -70.75% | -50.74% |
| Pretax margin | 16.14% | 24.35% | 10.63% | 15.82% | 26.70% | 21.69% | 35.27% | 37.40% | 28.11% | 36.18% | 22.90% | 6.49% | 11.43% | -15.99% | -29.07% | -43.08% | -157.38% | -115.74% | -95.28% | -69.77% |
| Net profit margin | 11.76% | 17.43% | 7.61% | 11.34% | 20.14% | 16.65% | 26.50% | 27.95% | 19.36% | 43.44% | 39.21% | 31.63% | 32.40% | -15.99% | -29.07% | -43.08% | -157.38% | -115.79% | -95.33% | -69.81% |
California Resources Corp's profitability ratios have shown significant fluctuations over the reporting periods. The Gross Profit Margin, which measures the proportion of revenue remaining after deducting the cost of goods sold, has shown a sharp improvement from negative percentages in 2020 to reaching over 80% in recent quarters. This suggests the company has been able to effectively reduce its production costs and boost operational efficiency.
The Operating Profit Margin, indicating the company's operating income as a percentage of revenue, also exhibited a substantial recovery from negative values to double-digit positive percentages by the end of the reporting period. This improvement reflects better control over operating expenses and a more efficient utilization of resources.
The Pretax Margin, representing the company's earnings before taxes as a percentage of revenue, has also shown a positive trend, with significant growth from negative values in 2020 to double-digit percentages by the end of the reporting period. This suggests that California Resources Corp has been able to increase its profitability and generate higher earnings relative to its revenue.
The Net Profit Margin, which shows the company's net income as a percentage of revenue, experienced a remarkable improvement, transitioning from negative values to positive percentages by the end of the reporting period. This indicates that after accounting for all expenses, including taxes, the company has been able to generate consistent profits relative to its revenue.
Overall, the improving profitability ratios of California Resources Corp reflect better cost management, operational efficiency, and enhanced profitability, which bode well for the company's financial performance and future growth prospects.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 8.69% | 11.71% | 6.73% | 10.51% | 20.21% | 16.62% | 32.38% | 34.85% | 20.47% | 25.39% | 13.51% | 4.34% | 7.57% | -4.40% | -8.70% | -9.65% | -61.26% | -34.49% | -30.71% | -25.67% |
| Return on assets (ROA) | 5.27% | 7.45% | 3.65% | 6.47% | 14.11% | 11.61% | 23.26% | 25.00% | 13.21% | 28.98% | 20.71% | 13.17% | 15.91% | -6.73% | -11.02% | -16.26% | -72.19% | -44.54% | -41.38% | -35.32% |
| Return on total capital | 13.28% | 18.03% | 9.40% | 15.60% | 29.29% | 24.90% | 46.73% | 51.94% | 33.06% | 41.37% | 25.76% | 8.65% | 12.78% | -8.96% | -19.03% | -18.79% | -108.53% | — | — | — |
| Return on equity (ROE) | 10.63% | 15.17% | 7.99% | 12.09% | 25.42% | 22.39% | 42.99% | 47.80% | 28.11% | 62.26% | 54.85% | 37.06% | 36.26% | -21.39% | -39.98% | -49.43% | -194.99% | — | — | — |
California Resources Corp's profitability ratios have shown a significant improvement over the past few years.
Starting with the Operating Return on Assets (Operating ROA), the company has managed to increase its profitability from negative figures in early 2020 to a healthy percentage of 20.47% by the end of December 2022. This indicates that the company has effectively utilized its assets to generate operating profits.
Similarly, the Return on Assets (ROA) has also exhibited a positive trend, with the percentage increasing from negative values to reach 5.27% by December 31, 2024. This shows that the company's overall profitability relative to its total assets has improved over the years.
Moreover, the Return on Total Capital has also shown a consistent improvement, reaching 13.28% by the end of December 2024. This suggests that the company has been able to generate better returns for its total invested capital.
Lastly, the Return on Equity (ROE) has displayed a positive growth trajectory, indicating that the company has been successful in generating profits for its shareholders. The percentage has increased from negative values to reach 10.63% by the end of December 2024.
In conclusion, California Resources Corp's profitability ratios have demonstrated a positive trend over the years, reflecting improved operational efficiency and enhanced returns for both the company and its shareholders.